Company Overview
Snapshot
Founded in July 2015 by Hani Goldstein and Dvir Cohen, Snappy Gifts operates with 201–500 employees. The company has raised a total of $130 million across 4 funding rounds from 6 investors. In January 2025, Snappy Gifts acquired Covver.
Business overview
Snappy Gifts provides a corporate gifting platform that streamlines the process for businesses to send personalized gifts to employees, clients, and partners. The platform offers a curated selection of products, including electronics, home goods, and wellness items, allowing recipients to choose their preferred gift or opt for a gift card. Snappy Gifts operates in the Media & Entertainment Technologies sector, focusing on B2B and B2B2C business models, and serves various industries by simplifying corporate gifting and enhancing recipient experience.
Strategic signal
In January 2023, Snappy Gifts announced a significant workforce optimization, reducing its staff by approximately 30%, impacting around 100 employees. This signals a strategic restructuring aimed at improving operational efficiency and adapting to market conditions, which could lead to a more streamlined and focused business model for investors.
Log in to access full profile ›Company Intelligence Q&A
- What is Snappy Gifts' primary business?
- Snappy Gifts operates a corporate gifting platform that enables businesses to send personalized gifts to employees, clients, and partners, offering a curated selection of products or gift card options.
- When was Snappy Gifts founded and by whom?
- Snappy Gifts was founded in July 2015 by Hani Goldstein and Dvir Cohen.
- What was a significant corporate development for Snappy Gifts in early 2025?
- In January 2025, Snappy Gifts acquired Covver, a startup.
- What was a notable operational change for Snappy Gifts in January 2023?
- In January 2023, Snappy Gifts undertook a workforce reduction, impacting approximately 30% of its employees.
- Which investors participated in Snappy Gifts' funding rounds?
- Snappy Gifts has received funding from investors including Qumra Capital.